Forafric Free Cash Flow Per Share vs Net Income Per Share Analysis

AFRIW Stock  USD 1.40  0.03  2.10%   
Forafric Global financial indicator trend analysis is much more than just examining Forafric Global PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forafric Global PLC is a good investment. Please check the relationship between Forafric Global Free Cash Flow Per Share and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Free Cash Flow Per Share vs Net Income Per Share

Free Cash Flow Per Share vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forafric Global PLC Free Cash Flow Per Share account and Net Income Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between Forafric Global's Free Cash Flow Per Share and Net Income Per Share is 0.22. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Forafric Global PLC, assuming nothing else is changed. The correlation between historical values of Forafric Global's Free Cash Flow Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Forafric Global PLC are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Forafric Global's Free Cash Flow Per Share and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Net Income Per Share

Most indicators from Forafric Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forafric Global PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to climb to about (100.7 K) in 2024. Selling General Administrative is likely to drop to about 25.8 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization5.8M6.6M6.1M6.3M
Interest Income543K34K37K35.2K

Forafric Global fundamental ratios Correlations

-0.52-0.160.980.870.91-0.72-0.880.880.930.940.85-0.920.930.960.81-0.2-0.920.93-0.590.9-0.30.980.990.970.29
-0.520.81-0.48-0.86-0.430.890.27-0.32-0.48-0.46-0.270.8-0.48-0.5-0.580.890.8-0.70.89-0.830.96-0.52-0.54-0.38-0.81
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0.87-0.86-0.560.840.76-0.92-0.650.660.810.790.63-0.990.810.860.8-0.63-0.990.94-0.860.99-0.720.870.880.770.64
0.91-0.43-0.20.890.76-0.66-0.850.90.781.00.84-0.830.780.780.89-0.19-0.80.91-0.540.79-0.190.820.870.910.3
-0.720.890.61-0.68-0.92-0.660.62-0.5-0.66-0.69-0.610.92-0.66-0.67-0.810.70.9-0.820.84-0.890.78-0.7-0.72-0.55-0.61
-0.880.27-0.17-0.9-0.65-0.850.62-0.88-0.89-0.86-1.00.75-0.89-0.79-0.7-0.10.76-0.720.26-0.690.03-0.84-0.87-0.830.1
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0.96-0.5-0.140.940.860.78-0.67-0.790.770.920.810.74-0.890.920.7-0.2-0.90.87-0.580.88-0.330.990.970.920.29
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-0.920.80.42-0.91-0.99-0.80.90.76-0.76-0.89-0.84-0.740.99-0.89-0.9-0.790.5-0.940.77-0.990.63-0.92-0.94-0.83-0.51
0.93-0.7-0.480.880.940.91-0.82-0.720.780.790.930.69-0.960.790.870.91-0.49-0.94-0.810.95-0.520.890.910.890.6
-0.590.890.88-0.49-0.86-0.540.840.26-0.29-0.4-0.57-0.230.81-0.4-0.58-0.770.890.77-0.81-0.820.86-0.57-0.56-0.46-0.92
0.9-0.83-0.50.880.990.79-0.89-0.690.730.850.820.66-0.990.850.880.79-0.57-0.990.95-0.82-0.670.90.910.820.6
-0.30.960.88-0.25-0.72-0.190.780.03-0.04-0.26-0.22-0.020.63-0.26-0.33-0.430.950.63-0.520.86-0.67-0.32-0.32-0.14-0.85
0.98-0.52-0.120.970.870.82-0.7-0.840.830.950.850.8-0.910.950.990.72-0.19-0.920.89-0.570.9-0.320.990.940.27
0.99-0.54-0.120.990.880.87-0.72-0.870.890.970.90.85-0.920.970.970.74-0.19-0.940.91-0.560.91-0.320.990.960.26
0.97-0.38-0.050.970.770.91-0.55-0.830.930.90.930.81-0.830.90.920.72-0.06-0.830.89-0.460.82-0.140.940.960.21
0.29-0.81-0.970.190.640.3-0.610.10.040.090.32-0.13-0.550.090.290.55-0.94-0.510.6-0.920.6-0.850.270.260.21
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Forafric Global Account Relationship Matchups

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